Global Ear-Based Hearing Aids Market Growth Analysis to 2021 Mar-2017

Global Ear-Based Hearing Aids Market 2017-2021
The Ear-Based Hearing Aids market report contains a comprehensive market and vendor landscape in
addition to a SWOT analysis of the key vendors for 2017-2021. The following companies are the key
players in the global ear-based hearing aids market: Sivantos, Starkey, WIDEX, and William Demant.
Other Prominent Vendors in the market are eartone, Elkon, GN ReSound, Knowles Electronics,
Medtechnica Orthophone, MicroTech, Miracle Hearing Aid Clinic, Persona Medical, SPECTRUM BRANDS,
Shenzhen Sunsky Technology, and VARTA Microbattery.
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Market Trend
The latest trend gaining momentum in the ear-based hearing aids market is IT application-enabled
devices are the next big trend. With the advancement in technology, the niche market of ear-based
hearing aids device has seen a technological transformation. The technology update would help in
improving the quality of life and communication in patients. The ear-based hearing aid devices are
developed and modified to keep the patients in sync with the latest IT-powered world. There are several
other advancements captured in the ear-based hearing aids device market.
Market Driver
According to the report, one of the major drivers for ear-based hearing aids market is rising incidence
rate of hearing loss. As per the US census bureau, the world population is aging rapidly. Out of the 7.3
billion world population in the year 2015, 8.5% fall under the aging population pool (65 years and
above). Hearing impairment and related problems have been conferred as the second largest health
problem, where the prevalent pool is increasing over the years.
Market Challenge
The report states that one of the major factors hindering the growth of ear-based hearing aids market is
battery challenges hindering adoption. With the electronic hearing aid devices, the battery has been one
of the major points of concerns in most of the brands. The Medicines and Healthcare Products
Regulatory Agency (MHRA) has issued a warning stating that those who have bought ZeniPower
mercury-free hearing aid batteries need to check the best before the date on the packs.
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Table of Contents of the Report
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology